CompGeo Salary Survey Benchmark Job Summary and Competencies

Appraisers, Real Estate

Appraisers, Real Estate

The Benchmark Job Description below represents the specific Position Characteristics of the job used in the Salary Survey. Benchmark Job Descriptions should be inspected carefully to review the degree of matching between an organizations' Job and the Salary Survey Benchmark. Matching internal Jobs to Salary Survey Benchmark Jobs should not be done on Job Title alone. A thorough comparison of Salary Survey Benchmark to Internal Job Descriptions is recommended. A good overlap should exist on any comparisons used on critical Job Dimensions and Competencies.
 
CompGeo Occupation Group: Finance
Job Family: Real Estate
Benchmark Title: Appraisers, Real Estate
 
Summary Job Description Tasks
Appraise real property to determine its value for purchase, sales, investment, mortgage, or loan purposes. Appraisers and Assessors of Real Estate appraise real property to determine its fair value. May assess taxes in accordance with prescribed schedules.
 
Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
 
Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
 
Search public records for transactions such as sales, leases, and assessments.
 
Inspect properties to evaluate construction, condition, special features, and functional design, and to take property measurements.
 
Photograph interiors and exteriors of properties to assist in estimating property value, substantiate findings, and complete appraisal reports.
 
Evaluate land and neighborhoods where properties are situated, considering locations and trends or impending changes that could influence future values.
 
Obtain county land values and sales information about nearby properties to aid in establishment of property values.
 
Verify legal descriptions of properties by comparing them to county records.
 
Check building codes and zoning bylaws to determine any effects on the properties being appraised.
 
Estimate building replacement costs using building valuation manuals and professional cost estimators.
 
Examine income records and operating costs of income properties.
 
Interview persons familiar with properties and immediate surroundings, such as contractors, home owners, and realtors, to obtain pertinent information.
 
Examine the type and location of nearby services, such as shopping centers, schools, parks, and other neighborhood features, to evaluate their impact on property values.
 
Draw land diagrams that will be used in appraisal reports to support findings.
 
Testify in court as to the value of a piece of real estate property.
 
 
CompGeo Occupation Group: Finance
Job Family: Real Estate
Benchmark Title: Appraisers, Real Estate
 
Important Knowledge Competencies Competency Description
Customer and Personal Service Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
 
Building and Construction Knowledge of materials, methods, and the tools involved in the construction or repair of houses, buildings, or other structures such as highways and roads.
 
Mathematics Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
 
English Language Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
 
Computers and Electronics Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
 
Economics and Accounting Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
 
Clerical Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
 
Law and Government Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
 
Administration and Management Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
 
Geography Knowledge of principles and methods for describing the features of land, sea, and air masses, including their physical characteristics, locations, interrelationships, and distribution of plant, animal, and human life.
 
Education and Training Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
 
Sales and Marketing Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
 
 
CompGeo Occupation Group: Finance
Job Family: Real Estate
Benchmark Title: Appraisers, Real Estate
 
Important Skill Competencies Competency Description
Reading Comprehension Understanding written sentences and paragraphs in work related documents.
 
Critical Thinking Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
 
Active Listening Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
 
Writing Communicating effectively in writing as appropriate for the needs of the audience.
 
Judgment and Decision Making Considering the relative costs and benefits of potential actions to choose the most appropriate one.
 
Speaking Talking to others to convey information effectively.
 
Time Management Managing one's own time and the time of others.
 
Active Learning Understanding the implications of new information for both current and future problem-solving and decision-making.
 
Complex Problem Solving Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
 
Social Perceptiveness Being aware of others' reactions and understanding why they react as they do.
 
Mathematics Using mathematics to solve problems.
 
Monitoring Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
 
Coordination Adjusting actions in relation to others' actions.
 
 
CompGeo Occupation Group: Finance
Job Family: Real Estate
Benchmark Title: Appraisers, Real Estate
 
Important Ability Competencies Competency Description
Written Comprehension The ability to read and understand information and ideas presented in writing.
 
Oral Comprehension The ability to listen to and understand information and ideas presented through spoken words and sentences.
 
Written Expression The ability to communicate information and ideas in writing so others will understand.
 
Oral Expression The ability to communicate information and ideas in speaking so others will understand.
 
Near Vision The ability to see details at close range (within a few feet of the observer).
 
Deductive Reasoning The ability to apply general rules to specific problems to produce answers that make sense.
 
Inductive Reasoning The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
 
Speech Recognition The ability to identify and understand the speech of another person.
 
Speech Clarity The ability to speak clearly so others can understand you.
 
Problem Sensitivity The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
 
Information Ordering The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
 
Category Flexibility The ability to generate or use different sets of rules for combining or grouping things in different ways.
 
Selective Attention The ability to concentrate on a task over a period of time without being distracted.
 
Mathematical Reasoning The ability to choose the right mathematical methods or formulas to solve a problem.
 
Number Facility The ability to add, subtract, multiply, or divide quickly and correctly.
 
Far Vision The ability to see details at a distance.
 
Flexibility of Closure The ability to identify or detect a known pattern (a figure, object, word, or sound) that is hidden in other distracting material.
 
 
CompGeo Occupation Group: Finance
Job Family: Real Estate
Benchmark Title: Appraisers, Real Estate
 
Prerequisite Qualification Category Education and Experience Level
Required Level of Education Bachelor's Degree
 
Related Work Experience Over 1 year, up to and including 2 years
 
Related Work Experience Over 2 years, up to and including 4 years
 
 
CompGeo Occupation Group: Finance
Job Family: Real Estate
Benchmark Title: Appraisers, Real Estate
 
Alternate Job Title(s)
Appraiser
Assessor
Bank Appraiser
Certified Real Estate Appraiser
Certified Residential Real Estate Appraiser
City Assessor
Commercial Real Estate Appraiser
County Assessor
Engagement Director
Home Appraiser
Land Appraiser
Land Appraiser
Licensed Appraiser
Licensed Real Estate Appraiser
Personal Property Assessor
Property Appraiser
Property Appraiser
Real Estate Analyst
Real Estate Appraiser
Real Estate Appraiser
Real Estate Appraiser Supervisor
Real Estate Assessor
Real Property Appraiser
Real Property Evaluator
Registered Appraiser
Residential Fee Appraiser
Residential Fee Appraiser
Residential Real Estate Appraiser
Staff Appraiser
Tax Assessor
Valuation Consultant
 
CompGeo Occupation Group: Finance
Job Family: Real Estate
Benchmark Title: Appraisers, Real Estate
 
 
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